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or during the election? >> no, it is still in a class warfare mode on both sides. bringing it home, thinking about what you are going to tell that person wherever you see them about this -- you can take the sting out of this thing by -- there are other people here who have political things that may have raised or not have raised taxes, but to me the secret was always give them something for what it is you are asking for and make any specific transaction, not just a monster in washington that wants some more of your money. >> one area that should work, and i agree, governor, that makes great sense, and one area which should work is in road improvements and highway improvements. simpson-bowles just said raising the tax gasoline 13%. you have universal opposition to raising the gas tax, which makes no sense because most people should want to have the gas tax increase if they know it goes to create a better road. if they understood that the highway fund is running a deficit, and having to borrow from china to fi
or during the election? >> no, it is still in a class warfare mode on both sides. bringing it home, thinking about what you are going to tell that person wherever you see them about this -- you can take the sting out of this thing by -- there are other people here who have political things that may have raised or not have raised taxes, but to me the secret was always give them something for what it is you are asking for and make any specific transaction, not just a monster in washington...
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>> it was an election and it was a very close election. if you look at the nims and the differences between the two. i think the republican party can do a better job of limited government and freep enterprise movement and connect those policies. >> why has there been a failure to connect? >> i'm not sure there is one reason for it and i haven't had time to think about it why it has happened but it needs to happen. the principles we stand for, free enterprise and limited government is the only way to stabilize and grow our middle class which i hope every american can attain. >> how worried are you about the republican chances -- >> you mean from the voters' perspective. the demographic changes? i don't think any voter in america -- there are voters that are locked into one party or the other but the fastest growing group is people who vote for candidates and not parties and people understand the issues and hopes that they have and offer real and concrete policy situations and real role for government to play in addressing those angst yits t
>> it was an election and it was a very close election. if you look at the nims and the differences between the two. i think the republican party can do a better job of limited government and freep enterprise movement and connect those policies. >> why has there been a failure to connect? >> i'm not sure there is one reason for it and i haven't had time to think about it why it has happened but it needs to happen. the principles we stand for, free enterprise and limited...
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history and all elected to a second term. but it couldn't save them from the dreaded second term curse. it dated back to 1936 when president roosevelt won 46 out of 48 states. he used those results in an attempt to shake up the supreme court and that tarnished his reputation. fast forward to 1984. president reagan's economic recovery turned 49 of the 50 states red. the inran contraservice surface americans didn't like being kept in the dark . then the scandal impossible to forget. >> i want you to listen to me. i will say it again. i did not have sexual relations with that woman: >> gretchen: nick is a presidential historian and author of the book presidential leadership. decisions that changed the nation and he's my guest this morning. >> morning, gretchen. >> gretchen: looking back in history president obama is now reelected to the second term. what do we suspect about the curse. >> it is an interesting topic it is difficult . going all the way back to wilson and league of nation . fdr and truman got run out of office . the
history and all elected to a second term. but it couldn't save them from the dreaded second term curse. it dated back to 1936 when president roosevelt won 46 out of 48 states. he used those results in an attempt to shake up the supreme court and that tarnished his reputation. fast forward to 1984. president reagan's economic recovery turned 49 of the 50 states red. the inran contraservice surface americans didn't like being kept in the dark . then the scandal impossible to forget. >> i...
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in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid ideologues, the extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the citizens united case, which took a situation already reeking with too much money and just poured tons of it, more into it. so for members now, it's just a mad money chase all the time, which i think is demeaning to everybody and very, very unfortunate. so it's a combination of factors. many others, but those are some of them. >> so look, you've helped negotiate peace in northern ireland. you worked on peace in the middle east. how does the problem here get fixed? >> well, i think in the end, in democracies it's fixed only by the people. the word democracy is a combination of two gre
in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid ideologues, the extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court...
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implode since the election. we've got great seats here in "the war room" where we're covering all of these political battles, but i'm starting to worry about really our republican friends the loss is driving them to crazy town, and they might never return. a new poll found that 49% of g.o.p. voters think that acorn stole the election for president obama--acorn. that seems like probably an improvement from the 52% who thought the same thing in 2008. until you remember that acorn no longer exists at all. some republicans have actually gone further off the deepened. rick santorum, for example still smarting from his own party loss and the shellacking from the party that he supports, he has greed to be columnist for "world net daily." you hopefully do not know this. this publishes rivetting stories like america on linen's path to war fair, or of course, you remember this one when animals are afraid they don't pray. well, i would pray if i was rick santorum's animal. maybe he just wants the comfort of being with othe
implode since the election. we've got great seats here in "the war room" where we're covering all of these political battles, but i'm starting to worry about really our republican friends the loss is driving them to crazy town, and they might never return. a new poll found that 49% of g.o.p. voters think that acorn stole the election for president obama--acorn. that seems like probably an improvement from the 52% who thought the same thing in 2008. until you remember that acorn no...
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he realizes that he won the election. even the romney voters by more than a majority agree on raising taxes with the rich and he is not going to cave on it. it makes no sense to do it politically and clickly. this is a litmus test going into the next four years of his material. he's going to hang in there. >> another idea out there that is particular, you know, one i really supported attack on financial transaction, we have all these shares traded every day, we have a sales tax and why not impose a tiny little tax when stocks are traded to raise a huge amount of money. any movement in that corner? >> not yet. i'm the co sponsor on that. and it is good idea. this hyper trading that's about market speculation it has nothing to do with liquidities in the market, nothing to do with making a market. we need a strong financial sector but we need one that is in service of the productive economy. we can't have a productive economy that's in service of wall street. the hyper trading is only bad for creating those markets. i think
he realizes that he won the election. even the romney voters by more than a majority agree on raising taxes with the rich and he is not going to cave on it. it makes no sense to do it politically and clickly. this is a litmus test going into the next four years of his material. he's going to hang in there. >> another idea out there that is particular, you know, one i really supported attack on financial transaction, we have all these shares traded every day, we have a sales tax and why...
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starting to realize just how important the hispanic vote is in the wake of this last general election because according to the pew hispanic center a whopping 67% of latino voters are democrat. >> so when it comes to issues like the economy or immigration, we see hispanics seeing the democratic party as the party that is more in line with their views. >> and that is the main reason, that is the main reason why g.o.p. leaders are saying something has got to change. they have got to change their strategy, shep. >> shepard: casey stegall in dallas tonight. the first president bush is doing better but is he still in the hospital tonight. that's a word from doctors in houston. they say george h.w. bush, bush 41 has been fighting a cough caused by bronchitis and they don't want to send him home too soon. the former president is 88 years old. he has been in the hospital since the day after thanksgiving. former senator bob dole made a rare visit to capitol hill today. appearing frail to observers after recent hospital stay. he is 89 now. he was in d.c. to rally treaty for disability rights. hi
starting to realize just how important the hispanic vote is in the wake of this last general election because according to the pew hispanic center a whopping 67% of latino voters are democrat. >> so when it comes to issues like the economy or immigration, we see hispanics seeing the democratic party as the party that is more in line with their views. >> and that is the main reason, that is the main reason why g.o.p. leaders are saying something has got to change. they have got to...
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some republicans looking to overhaul immigration after getting pummeled in the presidential election including a new gop superpack that hopes to give conservative donors a better return on their millions. joining me congressman luis gutierrez, democrat from illinois and member of the congressional hispanic caucus. always good to see you. >> thanks, chris, good morning. >> president obama won 71% of the latino vote we heard romney campaign manager saying he regretted running hard to the right in the primary. the opposing view is the gop's latino problem isn't based on immigration issues. there's a pew exit poll of hispanic voters taken in november found immigration isn't in the top four issues. is too much made a political issue how important it is to the political community? >> number one, if you ask latinos what is the most important thing, my job, the economy, educating my children, crime. before the latino audiences, political audiences will listen to you as a candidate. you first cannot be mean, nasty, spirited towards immigrants. if you are they simply shut you off. so i think t
some republicans looking to overhaul immigration after getting pummeled in the presidential election including a new gop superpack that hopes to give conservative donors a better return on their millions. joining me congressman luis gutierrez, democrat from illinois and member of the congressional hispanic caucus. always good to see you. >> thanks, chris, good morning. >> president obama won 71% of the latino vote we heard romney campaign manager saying he regretted running hard to...
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they think they stole the 2012 election. >> joe? >> let's look at the front page of the "washington post." it talks about how turkey is going to get nato missiles. i remember when your book came out last year and we did some events with you, you kept talking about the key position, it turkey would play in the world. we're seeing it now especially in syria. but now becoming more powerful force than nato. this is happening. you foresaw it. why is it happening? >> it's happening because the situation is such that we realize we need turkey and it is the point of departure for any effective, constructive or destructive solution. it's as basic as that. but we have to be aware of the fact we can't let turkey out on a limb by itself. extremely successful but vulnerable from the inside. and i can see enemies of turkey ganging up on turkey, stimulating the kurd ishii you, for example, which could be explosive and damaging to turkey's long-range future. >> and you also have a much more complicated relationship between turkey and israel now. >>
they think they stole the 2012 election. >> joe? >> let's look at the front page of the "washington post." it talks about how turkey is going to get nato missiles. i remember when your book came out last year and we did some events with you, you kept talking about the key position, it turkey would play in the world. we're seeing it now especially in syria. but now becoming more powerful force than nato. this is happening. you foresaw it. why is it happening? >> it's...
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that was before the election. and i just holding the ground is going to be important, no question about that. i get a sense the democrats are unified. but going over the cliff, that affects the constituents big time. correct? >> how do you hold that together? >> there's unanimity that july 25th, we passed tax cuts for the 98% to continue this tax policy that they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep saying no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect elizabeth warren, a champion of financial reform, will get a spot on the banking committee. >>> and senator john mccain hints he might favor filibuster reform. debbie stabenow is here on
that was before the election. and i just holding the ground is going to be important, no question about that. i get a sense the democrats are unified. but going over the cliff, that affects the constituents big time. correct? >> how do you hold that together? >> there's unanimity that july 25th, we passed tax cuts for the 98% to continue this tax policy that they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do...
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so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly, carol. one thing that has been interesting with regard to john boehner's leadership of the republican conference, which certainly is very conservative and he has had to balance that with negotiations with the white house on a number of occasions, one thing that's interesting is that until now he really has been able to maintain their loyalty. and their confidence that whatever he does, he he's doing for a reason because the alternative would be worse. and one thing that he did in a very deliberate way on this particular counter offer, which they sent to the white house earlier this week, was it wasn't just a letter from boehner to the president. it was a letter from the entire republican leadership, including p
so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly, carol. one thing that has been interesting with regard to john boehner's leadership of the republican conference, which certainly is very...
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they don't have an election until november of 2014. they need to say look, you want to negotiate seriously, we'll sit down and talk. you don't want to negotiate seriously, the country will survive going off this cliff. it's largely a factor in terms of american history, the people will not look back on as a giant tragedy. we need to have serious effort to get this country reorganized and i see no sign that the political system today is at all prepared for that kind of serious thinking. >> but what is so serious about the thinking of a party that just is implacably opposed to raising income tax even for the richest 2%? because the american people don't give a stuff. in all the polls, two-thirds of them are yes, let's tax the wealthiest 2% and by the way, that's me and you, newt. i don't know about you, i'm quite happy to pay a little bit more if it helps the general good. are you? >> well, piers, i'm happy for you to pay it, too. if you want to write a check this evening, the treasury will accept it. i'm delighted with your sense of cit
they don't have an election until november of 2014. they need to say look, you want to negotiate seriously, we'll sit down and talk. you don't want to negotiate seriously, the country will survive going off this cliff. it's largely a factor in terms of american history, the people will not look back on as a giant tragedy. we need to have serious effort to get this country reorganized and i see no sign that the political system today is at all prepared for that kind of serious thinking. >>...
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i was re-elected. the american people understand that we have a serious fiscal challenge in our country. we want to meet obligations to the seniors. we have work to do. we have committed to spending cuts. we need the republicans to commit to some revenue while protecting and strengthening the middle class. protect the tax cuts of the middle class and expand opportunity for success in the country, that we really work toward economic growth the right way and a partner. it's got to be spending cuts and revenue. >> what do you feel about this proposal, if you will, that's been floated out by some to deal with the tax cuts now and deal with the other issues of medicare and i bring0u$ medicae because you have concerns about co-pay and other issues that could affect a number of people, not just in your state but of course we know throughout. >> there are a number of issues facing us. i think it's very important to extend the middle class tax cuts and it's great if it's true but we haven't heard speaker boehn
i was re-elected. the american people understand that we have a serious fiscal challenge in our country. we want to meet obligations to the seniors. we have work to do. we have committed to spending cuts. we need the republicans to commit to some revenue while protecting and strengthening the middle class. protect the tax cuts of the middle class and expand opportunity for success in the country, that we really work toward economic growth the right way and a partner. it's got to be spending...
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we had an election, thomas, where americans had a clear choice and they chose and we need to make sure that we think a balanced approach that is fair, that doesn't throw the middle class under the bus and that works mathematically. so far what we've seen from republicans in the house does not work in terms of reducing the deficit. >> congresswoman, we are watching the president on our screen at the business roundtable. there was an issue with the poll microphone for the president's address so they've handed him a different microphone, the leaders inside this room can hear exactly what the president is saying but his audio is too low for us to be able to share it with everybody. we're still working on that. when we see and hear about the fact this two-step plan getting something done for the middle class by the end of the year, does this set up the scenario we live in a perpetual state of fiscal cliff loopness, this is the same old dog and pony show every six months to a year fighting over the same things and not big, bold leadership? >> i hope not, certainly if it's not left up to pres
we had an election, thomas, where americans had a clear choice and they chose and we need to make sure that we think a balanced approach that is fair, that doesn't throw the middle class under the bus and that works mathematically. so far what we've seen from republicans in the house does not work in terms of reducing the deficit. >> congresswoman, we are watching the president on our screen at the business roundtable. there was an issue with the poll microphone for the president's...
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he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax rates. will you defend that? >> well, i think he has the upper hand in the sense that seen, americans say they support raising taxes on the wealthy, so i think he feels that he has a mandate on that issue. look, i feel if the republicans are willing to make up that revenue another way, he should be open to that. i don't think it has to come from raising taxes. it could come -- stuart: the republicans have put forward a plan to raise 800 billion dollars over ten years. >> right. stuart: that's not by raising rates. that's by restricting de
he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax...
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re-elected the president and tilts the see-saw in what democrats would like in a larger revenue. >> the economy is in a different position, the president actually did sign into law a series of cuts, he's proposed a lot in his 2013 budget. it's not like he's been stagnant. we've been having this argument throughout the presidential campaign and guess what? as we keep saying, americans said we're not buying it. the conditions have changed, the economy has changed, i think the outlook in the picture has changed. that's part of the reason the president is so firm about not going back to the debt ceiling conversation again and creating that level of instability and not bending on this issue of raisings the rates on the top 2%. >> yeah. i think -- >> go ahead. >> it's an important point. i think the american people are seeing that the president has already agreed to more than a year ago to that $1 trillion of cuts. that was 100% in cuts as part of the budget control act and he's always said we need a balanced approach. we can't do it through cuts alone. he has proposed additional cuts as
re-elected the president and tilts the see-saw in what democrats would like in a larger revenue. >> the economy is in a different position, the president actually did sign into law a series of cuts, he's proposed a lot in his 2013 budget. it's not like he's been stagnant. we've been having this argument throughout the presidential campaign and guess what? as we keep saying, americans said we're not buying it. the conditions have changed, the economy has changed, i think the outlook in the...
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i was trying to read your thinking here and post election analysis. i think it's so interesting. if you get people angry about the way things are economic alley you think they'll blame the incumbent but it seems like a lot of people said, yeah, things aren't that great, especially poor working people, bush. >> governor romney thought this would be a referendum of barack obama. case closed. when you take a look at group of voters who said the economy was not so good, so you would think that would be an opportunity for governor romney, actually the president carried them by 13 points.ç 55-42. obviously, the economic argument on the refer side was not made. it was just a referendum. it was just a contradiction to what the president was saying instead of -- >> i want to ask you quickly on this. i thought when obama went in the first debates, i went nuts, i thought the president dropped the ball but romney was strong in the first debate because he kept saying, i'm a business guy, i can create jobs. business equals jobs. the one strong punch he had, he kept at it. then after he got o
i was trying to read your thinking here and post election analysis. i think it's so interesting. if you get people angry about the way things are economic alley you think they'll blame the incumbent but it seems like a lot of people said, yeah, things aren't that great, especially poor working people, bush. >> governor romney thought this would be a referendum of barack obama. case closed. when you take a look at group of voters who said the economy was not so good, so you would think...
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that's what this election is about. if there was one thing clear in this last election is that president obama said, if you re-elect me, i'm going to be in favor of raising the rates and raising taxes on the super wealthy in our country. and guess what, al, he won. and he won big. that's where the american people are. >> one of the things that is also a major issue is they are attacking a stimulus portion of the president's offer because for $95 a billion to extend payroll tax cut, $50 billion to fund infrastructure projects like roads and bridges. so they are not only playing games on how they are going to deal with the question of tax cuts across the board but they are really attacking the stimulus part of the president's offer. >> well, you and i both know the best way to grow is from the middle out,ç not from the top down. the best way to get this economy going is to get some jobs out there for some people and that's in infrastructure, education, job restraining. we've got to get people back to work. then, when th
that's what this election is about. if there was one thing clear in this last election is that president obama said, if you re-elect me, i'm going to be in favor of raising the rates and raising taxes on the super wealthy in our country. and guess what, al, he won. and he won big. that's where the american people are. >> one of the things that is also a major issue is they are attacking a stimulus portion of the president's offer because for $95 a billion to extend payroll tax cut, $50...
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the members of congress are elected to do that. we are here as a resource for people in our states. >> was he receptive? >> in our case, who talked about this the other day as an association. we thought it was imperative to focus on things that unite us. that is what we focus on. >> the implementation of the president's health care law, and how that could affect medicare cuts? >> no specific discussion. >> there was no specific discussion of how the new health plan will affect medicare or will affect the economy. there is no specific discussion on that. there was not any lengthy discussion on the establishment of the exchanges. the focus was on what has just been reported. that is, the states are willing to share the sacrifice. we do not want to take it all, but we are willing to do our part. we do not need shifting. we do not need cuts on the federal level that merely require tax increases on the state level. there was a unity by all of these governments -- all of these governors. the goal was not to get specific on any area, but
the members of congress are elected to do that. we are here as a resource for people in our states. >> was he receptive? >> in our case, who talked about this the other day as an association. we thought it was imperative to focus on things that unite us. that is what we focus on. >> the implementation of the president's health care law, and how that could affect medicare cuts? >> no specific discussion. >> there was no specific discussion of how the new health plan...
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and it also means that elections have consequences. now it's time for "the last word" with lawrence o'donnell. >>> tonight, jay carney's position in the white house secretary hall of fame is assured by what he said today in the white house press briefing room about the republicans' latest budget proposal. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that
and it also means that elections have consequences. now it's time for "the last word" with lawrence o'donnell. >>> tonight, jay carney's position in the white house secretary hall of fame is assured by what he said today in the white house press briefing room about the republicans' latest budget proposal. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal...
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he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington post" abc news poll who favor raising taxes on folks earning more than $250,000 a year. but there are a couple other things to keep in mind, as well. president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that
he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington...
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with sweep the election and gain control of the entire legislative branch of government in one election. here we see how the senate was specifically designed to prevent the tyranny of the majority. in federalist papers 66, madison, the father of the constitution, continues his explanation of the unique role of the senate, the unique role of the senate. quote -- "there are particular moments in public affairs when the people, stimulated by some irregular passion or some illicit advantage or misled by the miss representation of interest in men may call for measures which they themselves will afterwards be the most ready to lament and condemn. in these critical moments, house salutary will be the interfere ebbs of some temperate and respected body of citizens in order to check the misguided career and to suspend the blows meditated by the people against themselves until reason, justice and truth can regain their authority over the public mind." end of quote. now, i want you to contrast these quotes from madison and his role as the father of our constitution, says the constitution is intend
with sweep the election and gain control of the entire legislative branch of government in one election. here we see how the senate was specifically designed to prevent the tyranny of the majority. in federalist papers 66, madison, the father of the constitution, continues his explanation of the unique role of the senate, the unique role of the senate. quote -- "there are particular moments in public affairs when the people, stimulated by some irregular passion or some illicit advantage or...
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Dec 5, 2012
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i think businesses are holding back partly because of the election, which is now passed obviously. and the fiscal cliff. i still believe that we're going to end up kicking the can down the road. i think there's lots of pent-up demand in the economy so we're not going to go into a recession. in fact, i think next year we could see some acceleration. one of the key ways to see this is just to look at auto sales for november. they surged to 15.5 million. every time we have a dip in demand because of sandy or something else, we come back. this economy is super resilient and i think we'll be able to go over the cliff or go through the cliff without having a recession. >> i hope you're right. my concern is that you are absolutely wrong. actually the economy is slowing to stall speed and markets could correct badly on the news moving forward. we learned this week that manufacturing contracted in november for the first time in three months. we had analysts on the program talking about the channel checks indicating softness for a second month and today goldman has downgraded growth in the f
i think businesses are holding back partly because of the election, which is now passed obviously. and the fiscal cliff. i still believe that we're going to end up kicking the can down the road. i think there's lots of pent-up demand in the economy so we're not going to go into a recession. in fact, i think next year we could see some acceleration. one of the key ways to see this is just to look at auto sales for november. they surged to 15.5 million. every time we have a dip in demand because...
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. >> though i wish this election turned out a little differently, i'm proud of the campaign that mitt romney and i ran. losing is part of politics. and it can often prepare the way for greater victories. >> speaking of greater victories, at the latest "washington post"/abc poll on hillary clinton, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in that partisan atmosphere, some of her stratospheric numbers will drop down. i would say she has been skeptical very skeptical of running. if you look at these numbers if you have any interest of being the president of the united states this may be a hard race to say no to. >> i think the rest of the political world knows w
. >> though i wish this election turned out a little differently, i'm proud of the campaign that mitt romney and i ran. losing is part of politics. and it can often prepare the way for greater victories. >> speaking of greater victories, at the latest "washington post"/abc poll on hillary clinton, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity...
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back a little over a year, in the original elections islamist parties, the groups which are even more ravaged than the brotherhood is have one but margins of about 4-1. cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share? >> the muslim brotherhood and islamist mass movement it represents art you revocable he opposed to the west and the united states. the justice department prove in court a couple of years back the brotherhood says its missio misn the united states is to eliminate and destroy western civilization. it makes the world much more dangerous for the united states. cheryl: why doesn't the united states cut off the funding? that is the simplest thing. speak to my sense is the reason i don't if they will have no leverage in the equation if they cut the funding off, that is because we're dealing with people in the uni
back a little over a year, in the original elections islamist parties, the groups which are even more ravaged than the brotherhood is have one but margins of about 4-1. cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share?...
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despite losing the election. first of all, he says, their in-house production operation allowed them to churn out ads in record time. but minchillo also says if you make the chinese news agency angry, i figure you're doing something right. romney drew the wrath of china's news agency for promising to label them a currency manipulator. unfortunately for the mad men, it wasn't just the chinese who were paying attention. a general motors spokesman accused them of entering into a parallel universe with that ad saying jeep was shipping american jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called? it's called the gop. wait until you see these s
despite losing the election. first of all, he says, their in-house production operation allowed them to churn out ads in record time. but minchillo also says if you make the chinese news agency angry, i figure you're doing something right. romney drew the wrath of china's news agency for promising to label them a currency manipulator. unfortunately for the mad men, it wasn't just the chinese who were paying attention. a general motors spokesman accused them of entering into a parallel universe...
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. >> reporter: in his first interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit
. >> reporter: in his first interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that...
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midterm election and a second-year presidency. john boehner is speaker for four years and hopefully this is the beginning of a productive relationship. >> host: unison news last week -- a >> guest: unintentionally. >> host: you said republicans should agree to president. extend the tax cuts for 90% of americans and tightly drawn for extending tax cuts for wealthier americans. given what was put up a speaker boehner yesterday, does that change her position? >> guest: not at all. more importantly it's the right thing to do. the two sides agree we don't want to raise taxes on 90% of the american people. we should take one of the line of fire so to speak. i want them to follow debate committee engaged in the debate. i think it will come to our side of the debate. but if their weight in the next 30 days their taxes will go up, they don't have a vote of confidence anyway mishandled the, that's what they're going to focus on. this has been a democratic point of leverage in the debate. my position would be, let's take up the table. that p
midterm election and a second-year presidency. john boehner is speaker for four years and hopefully this is the beginning of a productive relationship. >> host: unison news last week -- a >> guest: unintentionally. >> host: you said republicans should agree to president. extend the tax cuts for 90% of americans and tightly drawn for extending tax cuts for wealthier americans. given what was put up a speaker boehner yesterday, does that change her position? >> guest: not...
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we also have a duty to ensure the ongoing safety of those who serve in america's highest elected office after they leave office. in 1958 congress first authorized secret service protection for former presidents, which was limited to a reasonable period of time after a president leaves office. congress expanded this to lifetime protection in 1965. but in 1994, congress once again limited secret service protection for former presidents. this time to 10 years after a president leaves office. this 10-year restriction applied to presidents who took office after january 1, 1997. the role of the former president has changed throughout the years. former presidents now have a global presence and are often seen as de facto representatives of the united states. whether it's former president carter's work in peace negotiations with other countries or president clinton's global initiative, former presidents have a valuable role in using their experience and knowledge to help the u.s. in both a public and private capacity. the world has changed dramatically since the 9/11 terrorist attacks. the threa
we also have a duty to ensure the ongoing safety of those who serve in america's highest elected office after they leave office. in 1958 congress first authorized secret service protection for former presidents, which was limited to a reasonable period of time after a president leaves office. congress expanded this to lifetime protection in 1965. but in 1994, congress once again limited secret service protection for former presidents. this time to 10 years after a president leaves office. this...
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in his first interview since the election, president obama reiterated his demand that any deal must raise taxes on the highest earner. yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at
in his first interview since the election, president obama reiterated his demand that any deal must raise taxes on the highest earner. yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've...
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the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. you have to get ready for the next hour. >> huge show coming up. timothy geithner at the top of the hour. we're going to find out what's changed since the sunday shows he was doing interviews on. anton, ben, see you soon. i'll see you at the top of the hour. >> capital gains rates are probably going to go up. does that hurt the market as well? >> we've seen a lot of companies sell themselves. it's been a problem in the banking industry because loans have been paid off. they want to grow loans. people are taking control and repaying their loans. i think it's already been anticipated. >> you've had a hot hand trading this market lately. what are you doing, especially bearing in mind we have a jobs number on friday. >> i'm a little concerned on the adp numbers. this is generally the weakest of the year. that's probably baked in a little bit. i think w
the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. you have to get ready for the next hour. >> huge show coming up. timothy geithner at the top of the hour. we're going to find out what's changed since the sunday shows he was doing interviews on. anton, ben, see you soon. i'll see you at the top of the hour. >> capital gains rates are...
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protestors are angry about what they call a power grabby the newly elected president and a new constitution which they say rolls back the rights of women, religious minorities and others. >>> in washington republicans are split on how to avoid the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is unde
protestors are angry about what they call a power grabby the newly elected president and a new constitution which they say rolls back the rights of women, religious minorities and others. >>> in washington republicans are split on how to avoid the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white...
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anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the magazine. what do you think? quid pro quo? >> dana: yeah, i do. she is an accomplished woman. if you have a movie made that says you're the devil you'v youe something. >> greg: they made one for you. >> dana: i'll reserve comment whether she deserves it and would be a good ambassador. we talked about this eight months ago with a big event here. someone slipped it out she would love to be the u.k. ambassador. i think it could happen. >> andrea: do you think it's real or her floating her own name for job? >> greg: i would like to send her away. england sent us victoria beckham. six-figure exchange program. i could have used another word but decided to be clean. she tells an assistant to float it and it helps her keep her job another ye
anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the magazine. what do you think? quid pro quo? >> dana: yeah, i do. she is an accomplished woman. if you have a movie made that says...
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we go through a whole election, republican war on women. they don't want to pay for women's birth control. we know what life for women is like. in saudi arabia they can't drive. under the taliban they couldn't go to school or work. we see the stoning of women, women in saudi arabia, they need four male eyewitnesses for rape. all of this. where is the women's movement in this country now? where is obama, the chomp of women's rights -- the champon of women's rights? >> the obama administration and the left in the country believe so much that the muslim brotherhood is a very moderate movement, and the leader morsi is a very moderate statesman. this is why they do not believe that implementing the law will oppress women in egypt. it's like burying their heads in the sand, refusing to accept reality, and admit that everything that they believed about the muslim brotherhood and morsi is a lie. for them to admit that, it will force them to come up with different solutions to what we're facing in egypt, and they're not ready to face it. >> and we'r
we go through a whole election, republican war on women. they don't want to pay for women's birth control. we know what life for women is like. in saudi arabia they can't drive. under the taliban they couldn't go to school or work. we see the stoning of women, women in saudi arabia, they need four male eyewitnesses for rape. all of this. where is the women's movement in this country now? where is obama, the chomp of women's rights -- the champon of women's rights? >> the obama...
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are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are rumors that michigan can become the 24th rights work state in the nation. he gives workers the ability to choose whether or not to pay a union and without rights or protections, they can actually get the worker fired in a union if they choose not to gerri: i understand there are some five groups of unions to protest what you're trying to do. what you make of that? >> they are protesting what they think may be an imminent right to work bill introduced in michigan's capital in lansing. gerri: lets get what we always talk about on the show. that is the
are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with...